Which of the following statements are true in the context of contract of guarantee?
A. The person who gives the guarantee is called the 'surety'
B. The person in respect of whose default the guarantee is given is called the 'principal debtor'
C. The person to whom the guarantee is given is called the 'creditor'
D. All of the above
Answer: Option D
This Question Belongs to Commerce >> Legal Aspects Of Business
Join The Discussion